Shares of WildBrain Ltd. (TSE:WILD – Get Free Report) traded down 11.7% on Tuesday . The stock traded as low as C$1.05 and last traded at C$1.06. 133,744 shares were traded during mid-day trading, an increase of 211% from the average session volume of 42,977 shares. The stock had previously closed at C$1.20.
Analysts Set New Price Targets
Several research analysts have recently issued reports on the stock. Royal Bank of Canada dropped their target price on shares of WildBrain from C$3.00 to C$2.50 and set a “sector perform” rating on the stock in a research note on Thursday, September 14th. Canaccord Genuity Group raised shares of WildBrain from a “hold” rating to a “speculative buy” rating and set a C$2.50 price objective for the company in a research note on Thursday, September 14th. Cormark dropped their target price on shares of WildBrain from C$2.80 to C$2.60 in a research report on Thursday, November 16th. National Bankshares dropped their target price on shares of WildBrain from C$2.50 to C$2.00 and set a “sector perform” rating for the company in a research report on Thursday, September 14th. Finally, Benchmark dropped their target price on shares of WildBrain from C$6.00 to C$4.00 and set a “buy” rating for the company in a research report on Thursday, September 14th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of C$2.55.
WildBrain Price Performance
WildBrain Company Profile
WildBrain Ltd. develops, produces, and distributes films and television programs in Canada, the United States, the United Kingdom, and internationally. The company operates through two segments, Content and Canadian Television Broadcasting. It focuses on children's and family content, including animated series; provides content production and distribution services; and operates children's ad-supported video-on-demand (AVOD) channels on YouTube and other AVOD platforms.
- Five stocks we like better than WildBrain
- Basic Materials Stocks Investing
- Wynn Resorts has an ace up its sleeve
- How to Invest in Esports
- Zoom Video Communications: A tech phoenix ready to rise
- How to Invest in Solar Energy
- The only two airline stocks worth buying: One is a Goldman pick
Receive News & Ratings for WildBrain Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WildBrain and related companies with MarketBeat.com's FREE daily email newsletter.